KPMG In toets to have earnings per share of $3.20 in the coming year: KPMG Inc has a return on new investment of 1195 If the firms dividend payout rate is 70%, and it quity cost of capital is 8%, what's the value of KPMG's stock? Hint: first compute the stock's next year divided and growth rates appropriate form. The compute the price of the stock O $88.89 O %39.96 $2447 O $91.43 $47.66